Legal

Token Purchase Agreement (SAFT-style template)

Last updated: 12 June 2026 · Version 1.0 (template)

Important — template only This is a structural template to brief your lawyers; it is not a binding agreement and not legal advice. A Token Purchase Agreement / SAFT must be drafted and reviewed by qualified securities/crypto counsel for every relevant jurisdiction before any signature or payment is collected.

This Token Purchase Agreement (the "Agreement") is entered into between SOVRA Protocol (the "Company") and the applicant identified during the application and KYC process (the "Purchaser").

1. Purchase

Subject to approval, the Purchaser agrees to contribute the approved amount in exchange for a right to receive a number of SOVRA tokens calculated at the applicable stage price, delivered according to the vesting and TGE claim schedule.

2. Allocation & price

Contribution amount: as approved (minimum and maximum apply).
Token price: the per-token price for the applicable stage.
Allocation = contribution ÷ stage price, recorded against the Purchaser's account.

3. Vesting & delivery

Tokens are delivered subject to: an unlock at TGE, a cliff, and linear vesting thereafter, as specified on the presale portal and enforced by the vesting/claim smart contract. Tokens may be non-transferable until the protocol enables transfers.

4. Purchaser representations

Eligibility, capacity, and non-restricted jurisdiction as set out in the Terms of Sale.
Completion of KYC/AML and accuracy of submitted information.
Lawful source of funds; not a sanctioned person.
Understanding and acceptance of the Risk Disclosure, including total loss of capital.
Purchasing for the Purchaser's own account, not for resale in violation of law.

5. Company representations

The Company will use commercially reasonable efforts to develop the protocol and deliver tokens in accordance with this Agreement, subject to technical, market, and regulatory factors outside its control.

6. Taxes

The Purchaser is solely responsible for any taxes arising from the purchase, holding, or disposal of tokens.

7. Limitation of liability

To the maximum extent permitted by law, the Company excludes liability for indirect or consequential loss and for loss of profits, tokens, or data. Nothing excludes liability that cannot lawfully be excluded.

8. Governing law & dispute resolution

[Governing law] and [forum / arbitration] to be confirmed by counsel.

9. Electronic signature

The Purchaser executes this Agreement electronically through the investor portal; the signed record is stored against the Purchaser's account.

Fields in [brackets] and amounts are populated per investor at signing time.